Dairy Farm Walk residential site launched for sale
A residential spot at Dairy Farm Walk has been kicked off to buy by free tender, uncovered the Urban Redevelopment Authority on Thursday 21Oct.
By having a land size of 15thousand 6hundred 63 sq m, the location has a maximum gross floor size of 32thousand 8hundred 93 sq meter and also is presumed to produce around Three hundred Eighty Five residence units.
The 99-year lease term location occurs beneath the Confirmed List of the 2nd part ’21 Govt Land Sales program.
It comes with a max property altitude of 85 metre SHD within the medium-rise zone and Sixty Nine m Singapore height datum in the low-rise zone.
That means north oriented units on high levels would appreciate unobstructed sights of the Chestnut Ave Good Class Bungalow community, whereas south-facing units on high floors would definitely be facing greens, revealed Huttons Asia.
It projects the site to entice spirited interest, presented the affirmative sentiment out there, developers keenness re restoring land bank, minimal fresh quantity within the vicinity and even some other desirable locational attributes.
“It may possibly catch the attention of as many as eight prospective buyers furthermore a leading bid of amongst $9 hundred and $1thousand per square feet per PR,” mentioned Huttons.
The plot is snugged among a peaceful enclave close to landscape, approximately ten mins’ walk to Hillview Mass Rapid Transit terminal. It is additionally easily accessible via significant streets and also expressways like Upper Bt Timah Rd, BKE also PIE.
Close-by schools include German European School SGP and CHIJ OLQP.
The tender for the spot ceases on 8Mar2022. Its tender closing will be batched with the HDB Exec Condo plot at Bukit Batok West Avenue 8, established for kick off in December2021 beneath the Confirmed Record of 2nd Half 2021 GLS Prog.